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a bit challenging...I still remember a time when someone said DBS will hit $50?

pkli899 ( Date: 23-Nov-2023 16:36) Posted:

Get ready to laugh then.
TP will be breached.........eventually.......for sure.
Just collect dividend while waiting.

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ringgit?

Boatman ( Date: 23-Nov-2023 10:47) Posted:

6.40 today!!

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U would be a very rich man...if the TP is met...

DBS Group Holdings (DBSDF &ndash Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Glenn Thum from Phillip Securities remains neutral on the stock and has a S$41.60 price target.

Glenn Thum has given his Buy rating due to a combination of factors that show promising growth for DBS Group Holdings. These factors include 3Q23 adjusted PATMI being above their estimates due to higher NII, fee income, and other non-interest income, albeit offset by higher allowances. The company also saw an increase in NII by 16% YoY on NIM expansion of 29bps, despite a slight dip in loan growth. Furthermore, DBS has maintained its FY23e guidance and provided FY24e guidance of double-digit fee income growth from wealth management and credit card fees.

Thum&rsquo s recommendation is also based on DBS&rsquo s stable NII, as higher NIMs from higher-for-longer rates will be offset by lower loan growth, and its total allowances are expected to normalize to 17-20bps of loans. FY24e PATMI is expected to be maintained at around the current level. Glenn Thum also predicts continued NIM growth from higher-for-longer interest rates and a recovery in fee income, both of which will sustain earnings momentum for DBS Group Holdings.

hokpin ( Date: 23-Nov-2023 09:21) Posted:

I also nibble a bit by a bit at this price level.

pkli899 ( Date: 22-Nov-2023 15:42) Posted:

Whether price will go further down or go up from now on, is anybody guess.
My view is that if you are going for dividend income and the eventual capital gain,
current price is already considered attractive.

Say you buy now at 32.10.
Assuming final dividend is 48c + special dividend 32c (worst case scenario).
Add subsequent 3 qtrs dividend of $1.44c = $2.24.
Your yield would be almost 7%!
This does not factor in the likelihood of higher special divdend & qtrly dividend.
Where to find such stable stock with such yield?
Have lah but only a handful lor.
I' m in the q to buy more if it does drop more.
My intermediate target is 20 lots.....hehe.....provided got $$.

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best

seanpent ( Date: 23-Nov-2023 11:35) Posted:

very oversold .....

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BS....cant even hit 14..
look at iFast...fast and furious

Huataarrhh ( Date: 22-Nov-2023 09:11) Posted:

New report by Maybank today Brighter FY24E

Management revealed recently production of some NPIs (new product introductions) is likely to start in 4Q23E and more in FY24E. Customer&rsquo s inventory has also depleted and more orders are likely in 2024. Through our channel checks, we are also more bullish FY24E will be stronger for Venture due to higher operating leverage. We raise our FY24/25 PATMI forecasts by 7.1% and 9.8%, and increase our PE target from 14.5 to 15.0x due to a brighter outlook. This raises our TP by 10% to SGD15.40.

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US Fed expects interest rates to stay high &lsquo for some time&rsquo , minutes of meeting show

pkli899 ( Date: 23-Nov-2023 10:03) Posted:

Wow, almost 100k!

Startsmm ( Date: 23-Nov-2023 09:34) Posted:

Add 3 lots today

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they are in trouble and deep shit, that' s why..citi is letting fgo a lot of staff..

Panda8 ( Date: 21-Nov-2023 16:29) Posted:

All US fund throwing down, 200, 100, 100, 400, 200, 100, 200, 200, 400,100.....citi and merly

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DBS wouldn' t fail you one...or Piyush Gupta...One of the best banks in the world..

pkli899 ( Date: 21-Nov-2023 15:58) Posted:

I never worry wor.......I see super long term.
More for passive income......not bother with price fluctuation.
Got money buy more when price down, that' s all.
In fact, I' m doing it now.

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Mr Piyush Gupta says Don' t Worry.

pkli899 ( Date: 21-Nov-2023 15:14) Posted:

Wow, tested 31.77.
Seems likely to go down further.
Get ready bullets to buy.

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A tale of two outages: DBS, Singtel show market impact of regulatory response

Yong Jun Yuan

Published Tue, Nov 21, 2023 · 5:00 am

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support has fallen...run

Cookie ( Date: 21-Nov-2023 09:39) Posted:

broke $32... what happen?

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EPF must be happy...unloading soon to payout bonus to M' sians...

Joelton ( Date: 20-Nov-2023 13:39) Posted:

AEM Holdings

On Nov 10, the deemed substantial shareholding of Malaysia&rsquo s Employees Provident Fund Board&rsquo s (EPF) in AEM Holdings : AWX +0.92% crossed the 11 per cent threshold with a market transaction that saw 564,500 shares of the Catalist listed stock acquired at an average price of S$3.35 per share.

This followed on from the EPF&rsquo s deemed substantial shareholding in AEM Holdings crossing the 10 per cent threshold on Jun 21 and the 9 per cent level on Mar 2. Previously, the EPF&rsquo s deemed substantial shareholding in AEM Holdings crossed the 8 per cent mark in October 2022, exceeded the 7 per cent point in July 2022, and crossed the 6 per cent mark and 5 per cent substantial shareholder threshold in June 2022.

On Nov 9, AEM Holdings provided a Q3FY23 (ended Sep 30) business update and maintained the same FY23 guidance of between S$460 million and S$490 million provided with the H1FY23 results. The group has so far achieved revenue of S$387 million in the nine months of FY23 with a profit before tax margin of 2.6 per cent.

AEM Holdings attributed the slowdown in 9MFY23 revenue to overall sluggishness in the semiconductor industry, with most customers pushing out their capital expenditure related to testing to 2024 due to lower end demand across the industry.

On the strategic front, AEM has continued to invest in developing its suite of Test 2.0 innovations and capabilities. This has resulted in the group being awarded additional patents for its thermal capabilities in Q3FY23, and most of its customer engagements relate to next generation test requirements for advanced packaging chips used in high performance computing and AI.

The group also believes that the generative AI wave that gained momentum early this year, especially in the data centre space, is expanding to edge computing devices, increasing the overall transistor counts and architectural complexity.

It adds that these devices will face extreme test challenges that will translate into longer test times due to the increased test complexity and should provide long term tailwinds for the group&rsquo s Test 2.0 business. With regards to timing, the group believes demand for test solutions to address this market will be realised towards the end of 2024 and into 2025.

While ranking among the top 40 stocks by trading turnover this year, AEM Holdings has booked the twelfth highest net institutional inflows across the Singapore stock market.

Coinciding with the semiconductor downcycle, the past 12 months have seen the AEM Holdings&rsquo share price decline by 10 per cent. This week the price-to-book ratio of AEM Holdings declined to 2.0x, compared to the average five-year price-to-book ratio of 4.0x which coincided with a 240 per cent price return.

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not good. why is EPF a malaysian company pumping $ but not our S' pore owned companies like Temasek? obvious EPF is in for the short term and will run road once their target is met...